Food & Beverage FDD Analyzed

IHOP, International House of Pancakes, IHOP Express

IHOP Franchisor LLC (Non-Traditional Program)

Pasadena, CA Website FDD: March 28, 2025
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Investment Range

$782,498 - $4,041,265

Franchise Fee

$20,000

Royalty

4.5%

Marketing Fee

4.5%

Total Units

1,703

Median Revenue

$1,190,378/yr

Unit Growth

Last 5 years

2022

1,683

+1.2%

2023

1,703

+0.0%

2024

1,703

Initial Investment Breakdown

CategoryLowHigh
Initial Franchise Fee (2)$25,000$25,000
Real Estate (3)N/AN/A
Construction (4)(5)$350,000$2,600,000
Major Equipment, and Fixtures (5)$150,000$525,000
Smallware Package/Opening Order$15,000$38,000
+ 28 more categories (apply to see all)
TOTAL INVESTMENT$782,498$4,041,265

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

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Is IHOP, International House of Pancakes, IHOP Express a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a IHOP, International House of Pancakes, IHOP Express franchise opportunity:

Potential Advantages

  • Established brand with 1,703+ locations nationwide
  • Competitive royalty fee of 4.5%
  • Financial Performance Representation (Item 19) available for review

Considerations

  • Litigation history disclosed in FDD (review Item 3 carefully)
  • Bankruptcy history disclosed in FDD (review Item 4 carefully)
  • Higher initial investment requires significant capital

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About IHOP, International House of Pancakes, IHOP Express

How much does a IHOP, International House of Pancakes, IHOP Express franchise cost?

The total initial investment for a IHOP, International House of Pancakes, IHOP Express franchise ranges from $782,498 to $4,041,265. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the IHOP, International House of Pancakes, IHOP Express franchise fee?

The initial franchise fee for IHOP, International House of Pancakes, IHOP Express ranges from $20,000 to $25,000.

What are the ongoing fees for a IHOP, International House of Pancakes, IHOP Express franchise?

IHOP, International House of Pancakes, IHOP Express franchisees pay a 4.5% royalty fee and a 4.5% marketing/advertising fee on an ongoing basis.

How many IHOP, International House of Pancakes, IHOP Express franchise locations are there?

IHOP, International House of Pancakes, IHOP Express currently operates 1,703 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy Disclosed
Protected Territory No
Item 19 (FPR) Available
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